Answer:
In economics a demand is defined as the quantity of goods and services that customers are capable to buy and that they find desirable to buy at a particular price for that period of time .
Demand is dependent on the customer's needs and wants each customer may have different things that they consider to be needs to them and those they consider as just wants.
This also depends on affordability, if one doesn't have the money to buy the product then the demand isn't effective.
When the price of the product rises usually it's demand decreases and vice versa when the price fall the quantity of that product demanded will increase.
This practice decreases fraudulent activity by supporting documentation procedure principle of control activities.
Explanation:
In professional and educational institute there is a norm to give transport allowance and dearness allowance for attending educational trip, assignments or meetings. But for that the party need to show valid receipt of tickets, fooding and lodging bill. Otherwise some disloyal person will take advantage of it and will try to withdraw more money by not showing the actual spent amount.
Here University medical center is giving reimburse for travel expenses and meal for attending a medical conference. But for that the receipt of meal is required otherwise many of the professors and students will take the charges of alcohol by adding it's price with the meal. So, documentation procedures need to be followed to avoid this discrepancy.
The answer is true.
Hope it helps!
Answer: materialism.
The English romantic poet William Wordsworth is the author of the poem "The World Is Too Much with Us," published in 1807.
In it, the poet denounces the excesses that industrialization has brought to society. He claims that people are materialistic now, and they have turned away from nature. He feels sorry for the change and more in touch with nature than with his contemporaries.
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